August 10, 2020 | 12:56
Non-performing loans are still increasing despite slow credit expansion as the COVID-19 pandemic stretches many businesses to their limits.
August 07, 2020 | 16:48
The top 10 most valuable brands in Vietnam 2020 are worth 8.1 billion USD, increasing by 17 percent from last year and accounting for 30 percent of the list’s total value, according to Forbes Vietnam magazine.
July 28, 2020 | 12:01
GIC has just reported its worst 20-year annualised results in more than 10 years, coupled with a decrease in returns caused by the COVID-19 pandemic.
June 19, 2020 | 10:31
The Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) plans to increase its charter capital for the 2020-2021 period by paying dividends in shares and issuing additional shares, according to documents of the upcoming annual shareholders’ meeting scheduled for June 26.
April 21, 2020 | 13:57
The State Bank of Vietnam set the daily reference exchange rate at 23,246 VND per USD on April 21, up 8 VND from the previous day.
April 17, 2020 | 21:20
Credit ratings provider Fitch Ratings has downgraded its outlook on four local and one foreign bank in Vietnam – Vietcombank, VietinBank, MB, ACB, and ANZ.
March 25, 2020 | 09:59
The State Bank of Vietnam set the daily reference exchange rate at 23,250 VND per USD on March 25, down 10 VND from the previous day.
March 23, 2020 | 11:49
Deputy Governor of the State Bank of Vietnam (SBV) Dao Minh Tu has asked commercial banks to promptly to support customers affected by COVID-19.
March 20, 2020 | 10:00
Vietcombank will sell 60 millions of bonds which is equivalent to VND6 trillion ($258 million), the movement is known as the first issuance of the bank in 2020
March 19, 2020 | 15:51
The State Bank of Vietnam set the daily reference exchange rate at 23,242 VND per USD on March 19, up 10 VND from the previous day.
February 18, 2020 | 15:00
While Vietnamese lenders have stepped up their support for the virus-hit economy by reducing lending rates or offering relief measures, foreign banks are adopting a wait-and-see approach.
January 10, 2020 | 14:31
The Government supports the policy of allowing four State-owned banks to raise charter capital, said Governor of the State Bank of Viet Nam (SBV) Le Minh Hung.
January 10, 2020 | 10:43
The State Bank of Vietnam set the daily reference exchange rate at 23,166 VND/USD on January 10, down 7 VND from the previous day.
November 05, 2019 | 09:30
On November 1, Vietcombank will officially open its representative office in New York City, located at Suite 14P, One Rockefeller Plaza in Midtown Manhattan
October 24, 2019 | 10:35
The Vietnamese Government may allow European financial firms to buy up to 49 per cent of only two local commercial banks, Nguyen Thi Thu Trang, Director of the WTO Integration Centre at the Vietnam Chamber of Commerce and Industry, said on Wednesday.